Bad debts negatively affect the profitability of a property. In addition, they are often associated with further measures to clear the property. For new leases, property managers and landlords should therefore reliably check their prospective tenants (Schufa information, etc.). In the event of a payment default, real estate management companies and landlords need efficient receivables management to ensure that the corresponding receivables are settled again. This ranges from reminders and classic debt collection activities to the execution of legal proceedings.

Further tasks include the tasks of classical accounting and rental account management. Here, particular attention must be paid to GoBD conformity.

With paperless accounting, all relevant data can be recorded, processed and archived more efficiently. If documents still appear in paper form, they are scanned and archived in a way that is secure for the tax authorities.

Accounting software providers also offer the option of fully automated accounting. Bookings or invoicing are thus completed more quickly. In addition, reminders can be created or sent easily and conveniently with this software. If the software is based on a cloud solution, this is often only associated with moderate costs and is therefore also a sensible investment for smaller companies.